ELM Resources Starts New Year with Major New Release of Its Industry Leading Student Loan Delivery System.OAKLAND, Calif. -- ELM Resources, Inc. is pleased to announce the delivery of the 2006.3 release of its industry leading ELMNet student loan delivery system. This new release expands on the enhancements included in the first phase of the release launched in December and continues to deliver on ELM's commitment to provide its customers with the most robust and flexible student loan delivery system available. ELM works closely with its school and lender customers to evaluate and prioritize pri·or·i·tize v. pri·or·i·tized, pri·or·i·tiz·ing, pri·or·i·tiz·es Usage Problem v.tr. To arrange or deal with in order of importance. v.intr. enhancement requests and this release reflects their outstanding involvement and feedback. The 2006.3 release includes over 15 new enhancements to the following functional areas: * Certification Request / Credit Pre-Approval processing * Combo Stafford Loan A Stafford Loan is a student loan offered to eligible students enrolled in American institutions of higher education to help finance their education. The terms of the loans are described in Title IV of the Higher Education Act of 1965 (with subsequent amendments), which guarantees processing * Disbursement DISBURSEMENT. Literally, to take money out of a purse. Figuratively, to pay out money; to expend money; and sometimes it signifies to advance money. 2. processing * Error Handling * Hold/Release processing * ISIR ISIR Institutional Student Information Report ISIR International Society for Intelligence Research ISIR Initial Sample Inspection Report ISIR International Society for Inventory Research (Budapest, Hungary) Loan processing * Loan Increases * PLUS/Grad PLUS processing * Post-Guarantee Loan Updates * Reject processing "ELM is very pleased to deliver these enhancements to the ELMNet system," said ELM Chief Executive Officer Jeffrey A. Connors. "We work very closely with our customers to determine their needs for student loan data exchange and we are committed to continuing to support and enhance the ELMNet system to meet their needs." "ELM continues to provide new and enhanced functionality to meet the evolving needs of its customers. ELM understands these needs and continues to be an outstanding partner with us to provide quality financial aid programs to our students," commented Howard Fischer, Director of Financial Aid at Ottawa University For the university located in Ottawa, Ontario, see . Ottawa University (OU) is a not-for-profit educational institution affiliated with the American Baptist Churches USA. It was founded in 1865. . About ELM Resources With a mission to provide schools complete freedom-of-choice and equal access to all education financing providers, ELM Resources was established in 1994 as the only open, non-proprietary, lender-neutral student loan delivery system in the industry. Through its members - lenders, guarantors, and loan servicers  This article or section is in need of attention from an expert on the subject.Please help recruit one or [ improve this article] yourself. See the talk page for details. - ELM administers a common, open, and universal student loan delivery system that seamlessly links the diverse computing platforms See platform. involved in processing and disbursing a student loan. ELM offers students and schools the convenience of using a single data channel for both alternative and government guaranteed loans, regardless of which loan provider is serving the customer. For more information, please visit www.elmresources.com. |
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